Merrill Miller - Transocean Independent Chairman of the Board

RIGG34 Stock  BRL 31.17  1.05  3.49%   

Chairman

Mr. Merrill Aanthony Miller, Jr., is Independent Chairman of the Board of the Company. He has served as a director of the Company since 2014, as Vice Chairman from 2014 to 2015 and as Chairman of the Board of Directors since 2015. Mr. Miller previously served as President and Chief Executive Officer of National Oilwell Varco, Inc., a supplier of oilfield services and equipment to the oil and gas industry from 2001 to 2014, and as Chairman of NOVs Board from 2002 to 2014. Mr. Miller also served as Executive Chairman of NOW Inc., a spinoff of the distribution business of National Oilwell Varco, Inc. from 2014 to 2017. Before joining NOV in 1996, Mr. Miller served as President of Anadarko Drilling Company from 1995 to 1996. Prior to that, he spent 15 years at Helmerich Payne International Drilling Company in Tulsa, Oklahoma, serving in various senior management positions, including Vice President, U.S. Operations. Mr. Miller currently is the chairman of the Board of Directors of Ranger Energy Services, Inc., a provider of well service rigs and associated onshore services in the United States, and a director of Chesapeake Energy Corporation, one of the largest producers of natural gas, oil and natural gas liquids in the U.S., where he served as Lead Independent Director from 2010 to 2012. Mr. Miller is also a director of Borets International Limited and serves on the Board of Directors for the Offshore Energy Center, Petroleum Equipment Suppliers Association and Spindletop International. He is a member of the National Petroleum Council. Mr. Miller graduated from the United States Military Academy, West Point, New York in 1972 and, upon graduation, served five years in the United States Army since 2015.
Age 66
Tenure 9 years
Phone41 41 749 0500
Webhttps://www.deepwater.com
Miller received his Master’s in Business Administration from Harvard Business School in 1980.

Transocean Management Efficiency

Transocean's management efficiency ratios could be used to measure how well Transocean manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 6.66 B in total debt with debt to equity ratio (D/E) of 0.67, which is about average as compared to similar companies. Transocean has a current ratio of 1.95, which is within standard range for the sector. Debt can assist Transocean until it has trouble settling it off, either with new capital or with free cash flow. So, Transocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Transocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transocean to invest in growth at high rates of return. When we think about Transocean's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 6 records

CHAIRMAN Age

Keith Blocksalesforce inc
55
Michael BalmuthRoss Stores
72
Marc Benioffsalesforce inc
58
Norman FerberRoss Stores
74
Noel WhiteTyson Foods
65
Peter GrunowMAHLE Metal Leve
66
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company was founded in 1926 and is based in Steinhausen, Switzerland. TRANSOCEAN DRN is traded on Sao Paolo Stock Exchange in Brazil. Transocean (RIGG34) is traded on Sao Paulo Exchange in Brazil and employs 5,000 people.

Management Performance

Transocean Leadership Team

Elected by the shareholders, the Transocean's board of directors comprises two types of representatives: Transocean inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Transocean. The board's role is to monitor Transocean's management team and ensure that shareholders' interests are well served. Transocean's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Transocean's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frederico Curado, Independent Director
Alison Johnson, Sr Relations
Jeremy Thigpen, President CEO, Director
Merrill Miller, Independent Chairman of the Board
Robert Vayda, VP Treasurer
Vincent Intrieri, Independent Director
David Tonnel, Senior Vice President and Corporate Controller
MarkAnthony Sr, Ex CFO
Howard Davis, Executive Vice President Chief Administrative Officer, CIO
Terry Bonno, Senior Vice President - Industry and Community Relations
Edward Muller, Independent Director
Frederick Mohn, Independent Director
MarkAnthony Mey, CFO, Executive Vice President
John Stobart, COO, Executive Vice President and Chief Performance Officer
Samuel Merksamer, Independent Director
Chadwick Deaton, Independent Director
Keelan Adamson, COO, Executive Vice President
Ek Tan, Independent Director
Janelle Daniel, Sustainability HR
Roddie Mackenzie, Ex Officer
Vanessa Chang, Independent Director
Brady Long, Senior Vice President General Counsel
Glyn Barker, Independent Director
Bradley Alexander, Vice President Investor Relations

Transocean Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Transocean a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Transocean is a strong investment it is important to analyze Transocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Transocean Stock refer to our How to Trade Transocean Stock guide.
Note that the Transocean information on this page should be used as a complementary analysis to other Transocean's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Transocean Stock analysis

When running Transocean's price analysis, check to measure Transocean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Stocks Directory
Find actively traded stocks across global markets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Please note, there is a significant difference between Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.